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English 107
Search Results 0 to 49 of about 107 (some duplicates have been removed)
FOX Business
Mar 18, 2013 7:00pm EDT
and liberal laws to voting rights. not to mention president obama already in a constitutional challenge to his choices to sit on the national labor relations board. they're taking its fight all the way to the supreme court after a d.c. appellate court invalidated the recess appointments made when the senate wasn't in recess. the senator has vowed to block the nomination. other stories we are bringing you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and unreasonable plan to seize money from bank depositors to pay for the eu bailout. much damage has been done and some investors are so shaken, they will take their money out of the banks at their first opportunity, which i
KICU
Mar 19, 2013 4:00am PDT
opposes the bill and tells us: "to the extent that this proposed law would ban the display of products to adult tobacco consumers, we believe it goes too far." the supreme court will listen to arguments from a generic drug company in a critical case. millions of dollars are at stake as mutual pharmaceutical asks the nation's top court to overturn a $21-million jury award to a new hampshire woman. she took the company's generic verision of an anti- inflammatory drug, which left her blind and scarred. the case could determine the extent generic drug makers are liable for injuries even though federal laws require an exact copycat of the original drug. "if the supreme court decides to reverse the appellete court decision, which is 75% likely, it means it will almost be impossible to sue a generic drugmaker for anything." that was hugh totten of valorem law group. nearly 80% of all u.s. perscriptions are generics. fee hikes for merchants that sell on amazon are causing tension. amazon can thank third- party retailers - entities that sell on amazon's site - for amazon's record profits and
PBS
Mar 15, 2013 12:00am PDT
on friday, right. that wasn't's god's law. god's law is that we do penance but god's law isn't that-- so he could do that you mentioned another one, priestley celibacy. priestley celibacy is not a doctrine of the church, it's a discipline of the church. i do expect him to change it, no. could he change it, yes. possible, yes, probable, no. but there is that distinction. our nation of women, that's a doctrinal thing, that's to the discipline. >> rose: how do you respond to the fact that this really is the century of women, and this is a church that needs to have women as part of its -- >> sure, well i tell you this. when we walked into the sistine chapel, you all probably carried it live. we were saying the litany. saints. now the highest you can be called to in the catholic church is to be a saint. and of the saints that we prayed, more than half were women. so so the woman who is the greatest human being model, the person who is the greatest human being model for us happened to be a model. that's where the church is at her best. that's where -- that's where the church has always been known
FOX Business
Mar 18, 2013 11:00am EDT
congress, think they can write any law, regulate behavior, and change any law. stuart: we talked about the situation, and, by the way, when the market opened this morning, the dow dropped 105 points, come back a lot, now down 36. maybe, charles, liz, maybe the market thinks that the cypress story is overblown, will not affect it, maybe not affect spain or italy artery. >> maybe not, you know, but certainly for people who have been really concerned with what's going on, with a government that buys 1.2 billion bullets, hires 16,000 new irs agents, a government that's spent a trillion more than they earn than brought in, it doesn't help. the people in this country who are afraid of losing their rights and liberty, it's scary. stuart: i want debt center stage, and it's not. >> it's not. it should be. it might be likely limited, but it shows there's nothing above political meddling. what used to be taboo is your deposits are safe from taxation. stuart: the time is up, butdagen, connell it's yours. connell: thank you, sir. dagen: if you bail out those depositors, why shouldn't they have to p
FOX Business
Mar 12, 2013 9:00pm EDT
to a customer in the bank and violate the law and can't be punished for it. you get to big to jail in that instance. gerri: what the attorney general is saying is moving to a jail would jeopardize the financial syssem and i think everybody has in the back of their mind what happened to arur andersen after enron, that company went down in flames. if a large bank were to go down in flames, and woul could take e economy with it, what is the solution to that problem, what do we do about that? that seems unacceptable especially since we bailed them out. >> senator brown and i want information on the basis of this judgment. if they are too big in that instance and maybe something needs to be done about that, some of these banks were involved in money laundering and drug money. this is pretty heavy stuff, if you're involved in those operations and you know about it, we ought to at least know who made the decision that we weren't going do that, and if you cannot enforce laws against money laundering, it is pretty bad. we had to get to a situation where you violate laws like that cathat, y
FOX Business
Mar 16, 2013 10:00am EDT
to sign it into law. earlier this week colorado lawmakers approved a measure limiting magazines to no more than 15 rounds. color of becomes a first date outside the east coast to restrict gun rights in the wake of newtown and/or shootings if, indeed, governor hickel lipper doesn't. the state is likely to suffer financially as well. we should point out, gun parts company back paul has threatened to leave the state of colorado over the passage of these bills. if they become law. republican congressman of indiana wrote a letter today. in that letter encouraging them to move to his home state. again, this breaking news. the colorado state legislature has passed another gun-control bill requiring universal background checks on all gun buyers and the governor, as i said, expected to sign it into law. alcohol, tobacco, gambling, pornography, no doubt that sex and san still sell big into next loudobbs@foxbusiness.com. we take a look at the numbers. president obama wants big oil to fund its own demise. we will have the latest on the president's $2 billion bright president's $2 billion bright idea i
FOX Business
Mar 15, 2013 11:00am EDT
from the state and keep the dea from and forcing the and federal drug law? >> thank you for having me, first. the primary goal of what we are doing is to allow adult 21 years and older access to regulated and controlled marijuana. obviously the recommendations have been put into account. the concern that our government has expressed about teenage use and the movement of marijuana outside the state of colorado. that was certainly in our minds. the focus was on what the will of the voters was. dagen: these are just rules. ultimately, will this go to a vote, christian, later in the year to decide exactly how the law is implemented? >> there are recommendations that are being given to our legislature. dagen: peter, what you know about these recommendations and these rules laid out, do you think it will keep the federal government and dea out of the state? >> well, first of all, the proposals that have come forth from colorado are something that no other country in the world has done good that is to legalize the cultivation, distribution and sale of marijuana. it is a major problem for hea
FOX Business
Mar 13, 2013 12:00am EDT
to eliminate obamacare which you may not like but is the law of the land now. is that a nonstarter to put out a budget like that? >> well, our whole budget doesn't hinge on whether or not obamacare exists or not. it is a comprehensiv budget that balances in ten years and doesn't increase anyone's taxes. that will be two important points that the democrats i don't think tomorrow will be able to say. i don't thi their budgets is ever going to balance, when they have ever done one it hasn't. from what we're hearing on your station and other stations, they're going to raise taxes to the hilt to try to do it. so that is not really a solution. what we're after --. melissa: does it balance in ten years if you don't get rid of obamacare? >> it will takeonger to balance. but the point is, is that we're honest about the spending that needs to be cut and actually the programs that need to be reformed. obamacare goes the other way. yes,ou're right, melissa, it is the law but doest mean you give up on your principles. doesn't mean you give up on the fight to try to correct the danger that this law constit
FOX Business
Mar 14, 2013 6:00pm EDT
to be an infringement. >> it is. is it legal under current federal law, and the other is is it constitutional even if it's legal? it's legal because congress has said it's legal. in statutes enacted before and since 9/11, the federal government authorized itself to gather information from us without using search warrants, financial information, to store it, and to share it with other aspects of itself, but prior to today, the presidents of the united states have told us, if you trust them, that they will keep that information just in the hands of the fbi and the treasury department. gerri: that doesn't make me feel better. >> well, no, it doesn't, but the fbi has indicated that because this information was not obtained by a search warrant, it can't use it in a federal prosecution because they know that a judge wouldn't permit them to do so. gerri: so what's the point of collecting it? >> because the government wants to know what we're doing. the government's looking for a needle in a hay stack because if the government is going to let the fbi and the treasury department share what the 16 -- 16 federal s
FOX Business
Mar 14, 2013 10:00pm EDT
this that nothing he has proposed in all the measures would take a single firearm away from a single law-abiding american citizen. lou: square that up, if you will. the debate over the assault on the second amendment in the sena judiciary committee today was contentious, he did, and sometimes participants were condescending. the passage out of the committee, the bill now heads to the full senate for a vote. fox news chief congressional correspondent mike emanuel has our report. ♪ >> reporter: the second amendment and the bill of rights provides that the right of the people to keep and bear arms shall not be infringed. >> reporter: before the senate judiciary committee approved a new assault weapons ban by a 10-8 party-line vote freshman texas replican ted crews challenged the bill's author, democrat dianne feinstein on the constitution. >> the question that i would pose to the senior senator from california is, would she be made consistent with the bill of rights for congress to engage in this same endeavor that we are contemplating doing with the second amendment in the context of the
MSNBC
Mar 14, 2013 1:00pm PDT
was for the arizona immigration law. the papers please law in arizona. this is a guy whose voting record is very draconian. for the paul ryan-style us a terry. the way he talks may sound like he's a bridge builder because he, himself, is hispanic and talking about the little guy who's working hard. his track record as a politician is much more like rand paul than ronald reagan. >> joy reid, david corn. thank you so much. >>> coming up, the president today has met with republicans and democrats on capitol hill. don't tell the cpac faithful. with the spark miles card from capital one, bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wa
CNBC
Mar 18, 2013 9:00am EDT
and there are similarities and the one similarity on this trading floor is look at the gm bankruptcy in the rule of law in the pecking order of financial liabilities, are there similarities? does it rhyme? there's definitely a little anxiety here and how it works is out anybody's guess. right now safety doesn't seem to be as rampant as one would expect. look at a two-day chart of ten and certainly we're down a handful of basis points, but if you open the chart up year to date you can see the pattern and it hasn't been violated that much and we're in a seven-week low yield and look at the backyard of cyprus and you see a different picture and these are ten-year booms and look at year to date and we're making new year to date low yield on the boom because the comp is it's under 140 close on december 31st. let's switch gears here. let's look at a november 1st start date to the euro. you can see that the euro right now is hovering at the lowest levels based on the close that we don't yet know about december 7th. pearl harbor day and it was comping back to november because it isn't on its lowest levels. if
FOX Business
Mar 14, 2013 11:00am EDT
doesn't believe that that should be the case. therefore, we have a law which, in essence, requires these banks to go back to the federal reserve once a year or to the federal banking authorities once a year to prove that they can stand a one in 100-year event and also to prove the ability that they have the -- they have the ability to return money to shareholders. the banks in the past three and a half years have been showing increases in earnings quarter after quarter on a year-over-year basis. the earnings of the banks this year in the first quarter of 2013 are likely to be the highest that we've ever seen in the american banking industry. and this increase in housing activity, you know, the increase in housing prices, who owns all those foreclosed homes and all that distressed real estate are the banks. and the value of that real estate is growing at a rapid rate indicating that the assets that the banks own are now actually understated in terms of their position on the balance sheet. and yet the government says we're going to tell you whether you can do this, that or the other
CNBC
Mar 18, 2013 6:00am EDT
at this saying, this time it's about the russian oligard. but if you don't follow some rule of law on these -- >> one more thing, barclay's, one of the few houses putting out research over the weekend put out this bar chart to show the size of the relative costs of banks bailing out the banking system based on gdp. look at cyprus. it is so outside. ireland comes next and greece. spain, italy. they don't even come close. there's 600 billion euros of senior debt in italy. >> three practical questions. first, there's a bank holiday today. there's a bank holiday technically tomorrow. >> probably. >> if you want to get your money out of cyprus, you can't. >> impossible. >> two, when there was a crisis in -- when we thought there was a true crisis going on in italy and spain, corporationes and some institutional investors put their money in, but retail did not for the most part. so what happens in cypress and what happens across the board? even in the u.s. whether we have -- it's called runs. >> why do you touch anybody under the insurance level, though? >> i agree. that's where the writ
FOX Business
Mar 19, 2013 11:00am EDT
. in california, it means you follow the rules and then the state changes the law, changes the rules and wants basically back taxes for five years plus interest and penalties. so here is the deal. people who invested in small businesses were given a 50% tax breaks and that was the rule and that was the law. suddenly there was an appeals court decision and now the state wanted to claw back not just going forward and change rules. that's what most states would do. instead, they go back and ask for five years of back taxes plus penalties. for some individuals, it could be over $100,000. the state wanted $120 million extra. california is short of money. that was their way to do it. finally some business guys, and this was basically for startups which california. ed to be tax friendly for silicon valley, san diego and so forth. it did not work out for some people. they said, are you kidding me? i don't have a hundred grand for the state. lawmakers in sacramento are trying to change it. they got a letter saying you have a temporary reprieve until we have the details. they may end up changing the rul
FOX Business
Mar 14, 2013 1:00pm EDT
on the back of the president's signature law, which is obamacare, and its repeal. that is $1.8 trillion of the 4.9 trillion that he would cut in spending over the next decade. the democrats say the hell with it. we're going to spend. the united states will be a debtor nation in perpetuity. we don't care whether the result, is in effect servitude for the entire american nation, for as long as the eye can imagine, let alone see. so they lived up to their billing. big government for the democrats. unlimited spending, unlimited debt. and republicans wanting to refight the great battle of obamacare again rather than deal pragmaticly and practically with the issues. dennis: so you think ryan should not have done that where he included in his budget obamacare. >> it's america. it's america, dennis. the i mean the chairman. budget committee can do whatever the heck he wants the problem is he will not get anything done. at some point you have to acknowledge what is, is, and it's a battle about 2014 and future and the republicans sure as heck better be about more than johnny-one-note party that k
CNN
Mar 14, 2013 10:00am PDT
. let's listen a little. >> -- no one person gets to decide the law. no one person gets to decide your guilt or innocence. my question -- my question to the president was about more than just killing americans on american soil. my question was about whether presidential power has limits. lincoln put it well when he wrote "nearly all men can stand adversity, but if you want to test a man, give him power." president obama who seemed once upon a time to respect civil liberties has become the president who signed a law allowing for indefinite detention of an american citizen. indeed a law that allows an american citizen to be sent to guantanamo bay without a trial. now, president obama defends his signing of this bill by stating that he has no intention of detaining an american citizen without a trial. likewise he defended possible drone strikes on americans by indicating that he had no intention of doing so. well, my 13-hour filibuster was a message to the president, good intentions are not enough. [ applause ] the presidential oath of office states "i will protect, preserve and defend th
CNBC
Mar 14, 2013 4:00pm EDT
for this market? we keep -- we hit eight consecutive all-time highs and the laws of gravity have to kick in at some point. >> unfortunately or fortunately, people have been expecting that pullback for almost three weeks or so, give or take. when it comes, does that mean it will be bigger than we're expecting? not necessarily, but we have not seen a real down day of any significance in weeks. and i think we're -- maybe we're getting a little too complacent on the upside. >> we're two points away from that all-time high on the s&p. we've got 30 seconds left. and really, as you know t, the last few days, we've seen the market really kind of hit those numbers as we go into the close there. we'll see what happens. warren myers, thank you very much. up eight point s on the s&p, up 80 points on the dow. this will be the second best gain of the year. however, will this last? you've got expiration day tomorrow. you've got the stress test results coming out. shelia bair will be talking, our new secretary treasury as well. that's coming up on the next hour of the "closing bell." see you tomorrow. >
CNBC
Mar 19, 2013 4:00pm EDT
the european markets. here, unprecedented and contrary to the insurance laws, and the rule of law concept, they are taking the money from the depositors. what faith will they have now, aside from cyprus, what are the other member states and their deposits have to say? remember, the concept of the eu was to have a unified national union of sorts. in this country, if we had one state or one bank going under, we wouldn't expect all the depositors throughout the united states and every bank to contribute. on the contrary. >> now, i understand that about half of the depositors are russians. which is also interesting. >> well, and that's the backstory. >> give me the backstory. >> my interpretation of the backstory is, if you recall, the troika, sneao to speak, has bee looking for an alleging of laundering money. it's been going on, they've been looking for this and nothing's been found. it's like accusing someone of a crime and expended so much time and energy and not finding it and now they've got to extract some basis of retribution. >> so it's basically like saying, we know you've been mone
CNBC
Mar 19, 2013 7:00pm EDT
at the borders to make sure people aren't bringing out large amounts of cash. normally under european law, that would be prohibited. but there are exceptions for emergencies. it's going to be pretty tough here over the next couple of days, larry. and if they don't come up with a deal, which people still think is actually quite possible, this could be a situation where we're talking about a country leaving the euro. but we're not there yet. back to you. >> all right. many, many thanks, michelle caruso-cabrera, we appreciate the update. you'll continue to give us live reports tomorrow on cnbc throughout the day. meanwhile, the finance minister of cyprus will present a plan to russia tomorrow that apparently would have the oil and gas company restructure the cypriot banks in return for full natural gas exploration rights. of course, this would bail out the russian money launderers and other depositors in the cyprus banks. no doubt, russia is invested in this crisis. the country reportedly keeps $19 billion in personal deposits in cyprus. nobody knows what that means. nobody knows what the pa
FOX Business
Mar 20, 2013 4:00pm EDT
with faux fur when they contained real fur. it prohibits the retailer from violating those laws for 20 years. >>> total number of mortgage applications subpoena applied for in the u.s. fell. shows refinance index declined 8% from the previous week. >>> fox sports announces a 12-year deal with the new big east basketball conference the cable network is set to make its debut august 17th. it will include partnerships with the msg and msg network. that is today's speed read. david: well the fed announcing it will continue pumping money into the economy while leaders in washington still can't balance the budget. our next guest spent years battling policies like these when he was congressman. will his legacy live on. joining me in fox business exclusive, the man, the legend, former congressman dr. ron paul. dr. paul great to hear from you. what have you been doing with your time when you left congress? >> waiting for you to call. i'm delighted for you to hear from you. david: we'll call every day. you will get sick of me. >> i've been pretty busy traveling, talking about, what other thing can i ta
PBS
Mar 18, 2013 4:30pm PDT
now from wall street to washington. this week, law makers are working toward a measure that keeps the government up past next wednesday that's when current funding runs out. but the real budget battle over long-term spending cuts continues. >> republicans and democrats in washington are still fighting over taxes and spending but they've agreed to keep the fight under control. house already passed a bill to keep the government running past the end of this month. now the senates preparing to do the same thing and there, the two parties aren't far apart on the details. >> we've con ens didded the number of amendments being talked about seriously. i commend them and their staff through all of their efforts. >> i spoke with them this morning. they've yet to reach an agreement. >> but the gap remains huge for a long-term plan for bringing government spending and revenue inline. >> they'll rede the entitlement programs but only if republicans agree to tax hikes and jepd speaker john boehner said the house's answer to that is no. >> the president got his tax heights on january 1st. the ta
KRON
Mar 15, 2013 4:00am PDT
generation to find answers. tory done and has the story. dunnan . >> as that of pursuing a career in law or medicine these two students are on their way to priesthood. >> we are very enthusiastic about what is about to happen. >> these two are part of the next wave of leaders who will try to influence the lives of the american catholics in a critical time. a struggle between tradition and modernism. >> you have to listen to those feelings and thoughts. and say it is about the traditions. >> as one generation of catholic priest prepares the next for leadership. new voices and perspectives could shape the future of the church. >> the culture today is different than 500 years ago. the culture is not very different at the time of jesus. >> catholic membership is on the decline in the u.s.. a few research studies show almost one-third of americans who were raised catholic know logger describe themselves as such. >> i think the challenges are being able to approach the modern church in keeping our traditional route. >> i think more of these modern issues like gay marriage. >> the next generati
CNBC
Mar 13, 2013 5:00am EDT
. they are complying with an investigation into anti-corruption laws. earlier the u.s. justice department and australian federal police are looking into allegations that bhp provided inducements, gifts and hospitality to officials. the company says they believe they complied with all laws. >>> china's central bank changed monetary policy to neutral from loose saying it will be vigilant with inflation fighting measures. we'll get market reaction when we come back. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> >>> china's central bank governor says they must remain vigilant to keep a hand on inflati inflation. great to see you. any time a central bank talks tough on inflation, the market can read between the lines here. does this mean more tightening is on the way? >> that's what a lot of people have been talking about whether it does is anyone's guess at this point because just to put it all in con
CNBC
Mar 14, 2013 5:00am EDT
that had recently lablgd the market made a modest comeback such as law eshg mas, environmental stocks, media and medical shares. both miners lost their sheen. according to chinese media reports, the lower prices of the pressure metal have put pressure on local miners. meanwhile, the hang seng reversed early weakness to finish marginally higher helped by utilities and financials. prudential's hong kong shares jumped a whooping 12% after the uk insurer posted higher dividends and profits. property plays took the brunt of the selling today after big banks hiked mortgage rates for the first time since 2011. elsewhere, south korea's kospi ended marginally in the green with automakers and technology shares capped by losses and financials. australia's asx 200 lost over 1% today as strong jobs data dampened hopes of another rate cut by the rba. and india's sensex still in action, now trading higher by a slow 1%. back to you. >> good to see you this morning. thanks for that. the s&b has given its view that it will enforce the minimum exchange rate with, quote, considerable determination. this
FOX Business
Mar 20, 2013 12:00am EDT
a slight gain wi the nasdaq and s&p 500 posting minor laws. the s&p fell for thehird straight seson. that is the worst losing streak of the year. microsoft could be in some hot water with the justice department. microsoft and some of its business partners are being investigated over a foreign bribery claims. government officials in china, italy and romania were allegedly bribed to earn software contracts but shares of microsoft still managed to close the day up slightly. >>> all right we start tonight in cyprus. th parliament rejected the tax on bank deposits, potentially killing the bailout but russia is floating another option, gazprom, which is russia's state-owned oil company, is reportedly offering exploration rights to the island's rich natural gas fields. here to break it down the former im fsec tiff board member and current visiting fellow at the peterson institute for international economics. doug, welcome to the show. >> thanks. melissa: is there a danger to letting russia really get its hooks in cyprus ke that? should we be worried about that? >> absolutely. i mean russia
FOX Business
Mar 20, 2013 3:00pm EDT
their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. ♪ cheryl: let's check in with nicole petallides on the floor of the new york stock exchange. we also have jeff flock standing by in the pits of the cme. want to go first to you. a lot of new highs being hit today. >> that's right. all taken from there. we have the market at new highs. the dow jones industrial moving to all-time records intraday highs. several names on the dow jones industrial average that are hitting high -- lifetime highs. we will take a look at some of the food highs because of the general mills numbers. general mills is talking about core volume growth. you think of general mills. you think of cheerios and some of the other things that they make like hamburger helper and such. you can see, general mills is a nearly 3%. of all that has been going on, it certainly seems to be a safe haven. take a look as some of the other names in the group. you can look at j&j snack food, kellogg, carmel, mccormick, the spices. general mills would be in this list. he
FOX News
Mar 15, 2013 4:00pm PDT
the south one of the most prosperous nations on earth. >>> new gun control bills could soon become law in where movie theater massacre happened. they set a limit of 15 rounds per magazine. they expect colorado's governor to sign the law back in two weeks. back in july a gunman opened fire in a crowded movie theater killing 12 people and wounding dozens more. >> to wall street. we knew it couldn't last forever. dow's longest winning streak is now, well, over. longer than any other in 16 years. it ended down 25 points, first time in 11 sessions but it did not finish in the green. it also hit new records highs for closing, of course, it's not all bad news for people fortunate enough to have a 401-k. when traders celebrated breaking the 14,000 mark, now it is holding steady 500 points higher than that and all this in the past four weeks. even though the s&p 500 lost a control of points but it's still in record territory. you can see it here a few points from hitting that all time high. shabani is joining me now. the rally stopped in its tracks, why? >> it did. as we all know, sometimes all
PBS
Mar 15, 2013 6:00pm PDT
abortion, but has not said whether he would sign the bill into law. gay marriage has picked up a prominent new supporter, senator rob portman of ohio. it makes him the only republican in the u.s. senate to take that position. portman explained his change of heart in "the columbus dispatch". he said it began two years ago, when his college-age son told his family that he is gay. wall street backed up a bit as the week ended. that ended a ten-day winning streak by the dow jones industrial average-- its longest in 17 years. the dow industrial average lost 25 points to close at 14,514. the nasdaq fell nearly 10 points to close at 3,249. for the week, the dow gained just under 1%. the nasdaq rose a tenth of a percent. those are some of the day's major stories. now, back to judy. >> woodruff: thousands of activists gathered this week for one of the conservative movement's biggest events. "newshour" congressional corresspondent kwame holman was there. >> reporter: for four decades the conservative political action conference known as "c- pac" has served as a barometer for republican politics. and
CNBC
Mar 13, 2013 1:00pm EDT
to fight back. law and order online next on power lunch. >> and that sea gull is still sitting there because we are waiting on a decision on whether the body of cardinals at the vatican have decided on a new pope. white smoke means they have. black smoke indicates they have not. we are monitoring it and we will get it to you as soon as it happens. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> we are back with breaking news on g
CNBC
Mar 14, 2013 2:00pm EDT
dream a reality. at legalzoom.com we put the law on your side. >> here's my take. >> here's my take. >> >> all right. the dow industrial is up 57 points. we're watching the s&p 500. you heard bill talk about it earlier. the next index that we have got our eyes on, the nasdaq still about 1750 away from its all time highs. still watch the s&p 500. well, the ship -- the carnival dream maybe not turned into a nightmare but not turned into an ideal cruise. the dream currently stuck in port in the caribbean. something happened to the back-up generator causing trouble with the elevators and the toilets. the cruise line is now flying passengers home. passengers will get a refund and half off of a future cruise. this is less than a month after a fire on carnival triumph in mexico. carolyn, you know, maybe it's a run of bad luck but you look at three or four or five of the significant cruise line problems and they have carnival's name all over it. >> i think that's the question of the day. certainly there have been three somewhat similar incidences with carnival in the past two and a half yea
CNN
Mar 15, 2013 11:00am PDT
is that he was party to the heller case. he is familiar with the law. i don't think he's using his senate seat uttering falsities about what the constitution says. he was making a case for the second amendment. i think what we're upset about is the tone and tenor he took with dianne feinstein, which is a fair point. >> jamaal, he's already on the winning side. this assault weapons ban will probably not get passed and people are wondering what his point is. >> yeah, his point, i think, as margaret was referring to, his point is to appeal to the tea party base. i sat with dianne feinstein. i heard her tell the story firsthand about being in the city hall as deficits go when the shootings that occurred that led to her taking the mayor's office. i think she does not need anybody like ted cruz telling her what to do. this issue around gun violence, i think we have to recognize it is different for people who come from rural areas versus people who come from urban areas. i saw first gun when i was in middle school, a kid who held it, you know, during a robbery. i think that people who live in ci
CNBC
Mar 19, 2013 9:00am EDT
the letter of the law than in a place like cyprus and the european union and over let issue is the country and seeing whether or not they can back fdic insurance and we don't have that problem at this point. >> cyprus is hoping to raise money from their bank deposit tax because when the banks do open up and they're closed until thursday. if you're a russian oligarch with $1 billion in a cypriot bank account that is facing a 9.9% tax above 100,000 euros you are going to pull that out and go to jersey -- not new jersey, the cayman islands. >> and they will have it. >> they say it will be one time. >> they'll raise 10 billion and 20 billion. >> they'll come back and that's the issue. >> no, they won't. they'll raise 10 or 20 billion in a one-time move and they'll lose hundreds of billions and the european markets will wipe out hundreds of billions in capital. >> they're doing what they need to do to raise the 5.8 billion euros to get the imf and ecb bailout and they'll deal with the consequences tomorrow. >> this is the old imf. when the imf came to korea in the '90s. when the imf came to lat
CBS
Mar 13, 2013 7:00am PDT
includes spending cuts, lower taxes and eliminating president obama's healthcare law. jamie dupree joinses us via skype from -- joins us via skype from washington, d.c. the senate is due to release the budget today and i'm guessing it's different from ryan's. >> reporter: yes, you are right. the gop envisions a balanced budget in ten years. democrats are not talking about that. there are no new taxes raised in the republican plan. one thing that's interesting is this -- the gop would do away with the obama health reforms and repeal the law. they would save about 35% of the budget savings in that budget plan but not mentioned at all are any of the tax increases that were put in the obama health law in order to fund a lot of those programs. that wasn't even mentioned in the gop plan. that's why i hesitate to call this that, even though everybody labels it a budget. a lot of the banks are not filled in. we expect the same thing from democrats when their plan is released in the senate later today. if you are waiting for a budget out of the white hou
FOX
Mar 13, 2013 7:00am PDT
law. jamie dupree joinses us via skype from -- joins us via skype from washington, d.c. the senate is due to release the budget today and i'm guessing it's different from ryan's. >> reporter: yes, you are right. the gop envisions a balanced budget in ten years. democrats are not talking about that. there are no new taxes raised in the republican plan. one thing that's interesting is this -- the gop would do away with the obama health reforms and repeal the law. they would save about 35% of the budget savings in that budget plan but not mentioned at all are any of the tax increases that were put in the obama health law in order to fund a lot of those programs. that wasn't even mentioned in the gop plan. that's why i hesitate to call this that, even though everybody labels it a budget. a lot of the banks are not filled in. we expect the same thing from democrats when their plan is released in the senate later today. if you are waiting for a budget out of the white house, that won't come until april 8th, two months after that submission. >> will the white house plan be markedly differ
FOX Business
Mar 13, 2013 11:00am EDT
do. he can do that because there is no federal budget. if you or i disobey the law, somebody comes after us. the irs, u.s. attorney, whatever. does anyone in the federal government get punished when there is no budget? of course not. prisoners will be let out of jail and not prosecuted. that is nonsense. they can move money around. they can higher 3600 people in the five days since the sequester. dagen: they can also move money around to the point where they make our lives more difficult. >> if the government does things to hurt the american people, just so they could prove a point, that is not what they have been elected to do. connell: what is an example of that? >> an example would be to cut something nonessential. one or two more cadets. if you thought about two out of 100, you can do that. president nixon tried not to spend all the money congress appropriated. he went all the way to the supreme court and said you must spend what is appropriated and in the budget. when there is no budget, the president can move the money around. the president's job is to put his arms around the
FOX Business
Mar 13, 2013 1:00pm EDT
. the reason this has not been available for so long, lori, there was an a law, antiquated law prevented people from disclosing vhs and laser disk rental history. that was updated in 2012. there you go, 2013 it's a whole new era. lori: that is fascinating background though. thank you, shibani. melissa: while we await official word from the vatican, vatican followers are turning to twitter with hashtag pope. people sharing their thoughts on anything but the actual papal conclave like the london fire brigade taking the opportunity to tweet, if you see black smoke billowing anywhere than the vatican give us a bell. probably not a good sign. twitter user david edmonds, pope black smoke, don't panic, burned the toast. there you go. david brodie posting new york's mayor called to the vatican outlaw in public. that is perfect. one of my good friends tweeted black smoke. lori: reminds me of lost wonderful series from a couple years ago. we have to ask tracy keeping up in the pope alarm app. she is legend launching. next is strays and ash. don't miss it. oh this is lame, investors could lose tens of tho
FOX Business
Mar 15, 2013 1:00pm EDT
on this. there is no enforcement of copyright laws because it is porn. if there is companies could have a problem with those of finance them. some people at fortress apiece but sold it. it is bouncing around up there. when it comes to the bottom line and wall street would step up to the plate for something so controversial. not because they are involved with porn.it is the stealing of it. and we should point* out i have numerous calls out to the founding partners and he @%ill has no comment. if they syndicated completely or tangentially involved, i am coming back get 3:30 p.m. lori: what are your bookmarks? >> mine are pretty lame. [laughter] all debris track how you can look at other people since. we have jeff flock on whisky trail. >> looking at the tobacco industry, let's kick things off. drinking on the job by hopeless jack daniel's. >> if i don't make sense i have an excuse. the ground foreman had an incredible run. show me what is inside. what am i looking at? >> it is fermenting it in six days that goes into the barrels. >> amazing. i wish you could smell this don't get too close
CBS
Mar 15, 2013 7:00am PDT
facility in oakland where hundreds of workers say the company is violating federal laws. good morning, lorraine. >> reporter: good morning. they say they are frustrated with wages and work conditions. you can see hundreds are still out here right now. they've been on strike since 3:00 a.m. this morning. we are at the 98th avenue location where hundreds of union workers from the international long shore union are lining the workers. the recycling workers, landfall and clerical workers are striking. waste management says they've been at the bargaining table for a month. they are surprised by this action. >> they have a right to do what they want to do. we have to serve our customers. our point today is to make sure the customers get served. >> this job is dangerous. you have to be careful not to get hurt. they are just fed up. we'll continue to do this until they finally respect us. >> reporter: waste management employees are protesting at several locations this morning. this is a look at the san leandro facility on dave vase street. union workers
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